The updated version of the official website www.auksion.gov.az of the Auction Organization Center, a public legal entity under the State Service on Property Issues of the Ministry of Economy of Azerbaijan, has been officially launched.
Designed in accordance with international best practices, the updated platform aims to enhance transparency, accessibility, digitalization, competition, and user satisfaction in the auction process.
Key Features of the New Platform
Users can now register a personal account using Digital Login and their Asan Imza (Enhanced Mobile Digital Signature) to view auctioned lots.
Buyers (bidders) must log into their personal account and select “Join Auction” to participate in bidding.
New Functionalities for Bidders
With the updated system, bidders can:
• Complete necessary procedures via their personal accounts;
• Issue power of attorney;
• Browse auctioned lots;
• Participate in auctions online;
• Track the status of bids;
• Choose between online and offline participation;
• Receive updates on winning bids and other auction details.
Enhanced User Experience & Security
The new version surpasses the previous one in terms of design, content, and functionality. Special emphasis has been placed on user convenience, privacy, and security, incorporating the latest digital technologies.
The website provides detailed auction announcements, including:
• Comprehensive information on auctioned properties;
• Photographs;
• Starting bid prices;
• Deposit amounts and other essential data.
Streamlined Application & Payment Process
• Applications for auction participation and deposit payments can now be made online.
• Information about sold and unsold properties is regularly updated on the portal.
Expanded Auction Opportunities
Initially, the website will facilitate the sale of vehicles. In the future, it will support electronic applications for:
• Share packages of joint-stock companies;
• Small state enterprises;
• Confiscated properties;
• Mining sites;
• Municipal lands and other real estate assets.
Opportunities for Individuals & Legal Entities
Both individuals and legal entities can list their movable and immovable properties for auction under contractual agreements, in compliance with the applicable laws. To do so, they must submit a request to the Auction Organization Center.
This update marks a significant step in digital transformation within Azerbaijan’s property management and auctioning system, ensuring efficiency and security for all participants.
